News Formal

Cramer says investors should stick with ‘best of breed' retail stocks

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

CNBC’s Jim Cramer on Monday said investors should pick stock of retailers doing well despite the inflated cost of goods.

CNBC's Jim Cramer on Monday said investors should look into retailers that are able to perform well in the face of continued inflation.

He mentioned Walmart, Costco and Amazon as the only companies able to keep up with consumers' needs in an inflated economy.on Monday said in the face of traditional retail's"unrelenting crunch," investors should look into retailers that are able to perform well in the face of continued inflation. "I wish I could tell you to buy the beaten down retailers, but the one thing I know is that buying best of breed is the way to go, and at this stage in the retail world, there are only three best of breed general merchants, and they are Walmart, Costco and Amazon," Cramer said.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 319. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Jim Cramer's top 10 things to watch in the stock market MondayStock futures are down slightly as investors weigh a number of headwinds facing the market.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Here are the 12 stocks Jim Cramer is watching, including Netflix, Arm, Planet FitnessHere are some of the tickers on my radar for Monday, Sept. 18 taken directly from my reporter’s notebook.
Källa: nbcchicago - 🏆 545. / 51 Läs mer »

Cramer: The 4 fears that are upsetting the market and what needs to happen nextThese headwinds are working to destabilize some sectors that worked for so long.
Källa: CNBC - 🏆 12. / 72 Läs mer »